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24 January 2025 - Year XXIX
Independent journal on economy and transport policy
15:35 GMT+1
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BRIEFS
August 27, 2007
The Business Timesweb site
Shipping News
  • Daewoo Shipbuilding earns profit in July as prices rise
    Daewoo Shipbuilding & Marine Engineering Co, the world's third-largest shipyard, said it earned a profit last month as soaring demand drove up prices in an industry with a four-year backlog of orders.

Sched Netweb site
  • Hutchison H1 net profit up 53pc
  • Shanxi: China's fastest growing province in terms of foreign trade
  • Oakland tests shoreside power source for ships
  • FedEx expands cross-border distribution service between US, Mexico
  • Chang Yung-fa receives honourary doctorate from Russian Academy of Transport
  • UPS appoints sales director
  • BA pleads guilty to price-fixing
  • Air France-KLM posts Q1 net income rise of 70pc
  • Aeroflot Cargo seeks freighter conversion from Boeing

Exim Indiaweb site
  • GMB's int'l seminar & expo to highlight shipbuilding opportunities in Gujarat
  • Uniworld hosts vendor meet in Shanghai
  • CMA CGM augments eco-box fleet
  • L&T to raise Rs 2,800 cr. through GDRs for shipyard building
  • Mercator to raise $ 150 m via IPO in Singapore
  • Spectacular 124 pc rise in NMPT's rail traffic
  • Port workers hold rallies
  • Tuticorin Port proves mettle in anchorage operations
  • Record handling of wheat in bulk
  • PM clears financing of 2 railway projects
  • 4 pc 'duty drawback plan' for sugar exporters

Maritime Global Netweb site
AUGUST 24, 2007
  • Canada okays GL fire protection product approval
  • Safmarine's new Asian service
  • Evergreen and Wan Hai in new service
  • Nick Twilley

Marine Logweb site
AUGUST 24, 2007
  • APL orders world's most powerful diesels
  • PPL Shipyard books jack-up rig order
  • Austal launches first Cotai Strip ferry

World Wide Shipperweb site
AUGUST 24, 2007
  • Failure of levy has Port Vancouver making new plans for development
  • New rules put in place to resume dredging at Deltaport
  • NASSCO working on Navy deal to construct additional T-AKE ships
  • Anacortes port board Oks Airport Layout Plan
  • US rail freight traffic numbers head back to negative side for week

Lloyd's Listweb site
  • Woodside seals LNG export deal with Japanese duo
    FIRM inks multi-billion dollar export deal for the sale of LNG from the Pluto project to Japanese buyers.
  • Woodside LNG move to give US flag boost
  • Jinhui bulks up supramax fleet
    BULKER operator's offshoot Jinying Marine will pay $59m for new 53,470 dwt supramax.
  • Australian stevedores face price-fixing probe
    COMPETITION watchdog launches legal proceeding against two major operators over price collusion.
  • City of culture River of dreams
    PHASE one of the port of Liverpool's planned post-panamax river box terminal could be in operation by 2011.
  • Look on the bright side
    WHAT are possible reasons for the increase in the detentions issued by members of the Paris MOU on Port State Control?

Fairplayweb site
AUGUST 24, 2007
  • ACCC out for stevedores' blood
    The Australian Competition and Consumer Commission has launched legal action against former Patrick and P&O stevedoring companies and four of their former executives
  • Horizon buys Aero Logistics
    JONES Act carrier Horizon Lines has bought San Francisco-based third-party logistics provider Aero Logistics
  • Air passengers turn to ports
    CROWDED airports and increasing concerns for the environment are channelling passengers back to ferries, says French short-haul operator Sea France
  • Saudi fury at Danica ransom
    SAUDI Arabian commentators have warned that paying ransom to pirates is an alarming development that could make the Red Sea the next theatre for sea hijacks
  • Mercator takes IPO to Singapore
    MERCATOR Lines of Mumbai is raising around $200M in India's largest public issue in Singapore
  • Ten new shipyards for Vietnam
    VIETNAM'S state-owned shipbuilding company Vinashin has told Fairplay it is to build another 10 shipyards
  • Japan energy quest moves to Brazil
  • ABG buys another shipyard
  • Ferries, shipyard let Aker down
  • Luxury yacht in AHT rescue
  • Cruise lines break PVSA law
  • Phils finds bomb on ferry
  • Indonesia yields to Japan on LNG
  • Hibiki CT restructures
  • Toll extends Kimtrans offer deadline
  • Three lines move from LA to LB

The Journal of Commerceweb site
AUGUST 24, 2007
  • Shippers criticize U.S. passport rule
    North American trade interests renew opposition to U.S. plan requiring passports for land border crossings.
  • L.A. terminal loses carriers to Long Beach
  • Fredriksen raises stake in parent of Hapag-Lloyd
  • Rail intermodal reflects weak peak start
  • Evergreen, Wan Hai plan Japan-Thailand service
  • Behemoth air freighter moves closer to production
  • JFK air cargo slides
  • Cargolux adds Mexico flight
  • Tradebeam closes on $29 million in funding
  • Japan shrinks trade surplus
  • Nehru boxes up 23%

Containerisation Internationalweb site
AUGUST 24, 2007
  • More bad news for 'Made in China'?
    The US and China traded punches this week in a 'quality war' which could signal a further global backlash against the 'Made in China' label.
  • Evergreen and Wan Hai to add capacity to Japan/Thailand trade
  • Adani Logistics to join container rail competition
  • UK Customs extends SAD deadline again
  • Horizon Lines snaps up Aero Logistics
  • SAILS improves service

TradeWindsweb site
AUGUST 24, 2007
  • Crews' booze risk
    UK study says seafarers among those most likely to die from alcohol-related diseases.
  • Mols lines up more
    Better first-half profit for Danish ferry owner as it eyes extra vessels for its routes.
  • One dead in tug accident
    Microsoft founder's yacht (left) to rescue as anchor-handler sinks off South Africa.
  • India gets first maritime university
    Chennai-based academy AMET upgraded by government.
  • LSC in the black
    Lithuanian dry cargoship owner registers useful profit for first half.
  • Ferry bad for Aker
    Shipbuilder posts second-quarter loss as soaring costs at Finnish subsidiary take toll.
  • Maersk launches new Africa run
    Safmarine and Maersk Line starting second direct weekly box service to Asia in September.
  • ABG to take over Western
    Expanding Indian yard looks to have won race to control west coast shiprepairer.
  • ST Shipping: 'Price is not right'
    Head of Glencore's shipping arm denies reported price for tanker duo saying correct figure is $130m.
  • Platou listing moves closer
    Norwegian shipbroker could go public in home capital as early as next year.
  • High-seas bunkering comes to Pacific
    Denmark's OW group to provide fuel top-ups on the move with tanker barge Ophelia.
  • Tonnevold sells again
    Norwegian owner offloads minority stake in reefer to Green Reefers, leaving it with one such vessel.
  • Kansai still in the red
    Japanese ferry owner Kansai Kisen posts small half-year loss and braces itself for worse-than-expected year.
  • Brostrom builds bank balance
    Volatile market during first half, but Swedish tanker owner comes out on top with better profit.
  • Finnlines confirms Jinling six
    Finnish owner paying EUR 240m for 3,200-lane-metre ro-ros in China.
  • Ransom was paid
    Danish government says owners of Danica White did cough up ransom money to get ship released.
  • Green red hot in cool sector
    Norwegian owner's reefers making plenty of money so far in 2007.
  • Profits dip at BC Ferries
    Canadian ferry operator sees second quarter results lower than a year ago due to higher costs.
  • Disposals impact Global Carriers
    Malaysian tanker owner slips to a loss in the second quarter following disposal of vessels in 2006
  • Cruise lines assess damage
    Carnival and Royal Caribbean assess the impact of Hurricane Dean on Mexican port of Majahual.

American Shipperweb site
AUGUST 24, 2007
  • Fredriksen takes stake in Hapag-Lloyd parent
  • Maersk starts new Far East/West Africa service
  • Evergreen, Wan Hai boost Japan/Thailand capacity
  • Euroseas sees slight decline in profit
  • NASSCO gets Navy order for five more dry cargo ammunition ships
  • Frontline reports profits double
  • Report: Nigerian minister wants to boost domestic shipping
  • Bamboo floors for containers gain support
  • Con-Way completes acquisition
  • Intercontainer opens Vienna office
  • Produce retailers shut down in four Indian states after protests
  • USTR seeks comments on Andean trade act
  • Aussie regulators accuse terminal operators of price fixing
  • COSCO Pacific reports higher profits for first half
  • Port of Baltimore gets O.K. for development
  • Israel to get private port

The Scandinavian Shipping Gazetteweb site
AUGUST 24, 2007
  • No more Swedish flag for Broström
    Göteborg based tanker owner and Broström Brostr'm has grown tired of the slow-acting Swedish government and says in its ...
  • Finnlines order ro-ro vessels
    Finnlines has placed an order for six ro-ro vessels at the Chinese Jinling shipyard for delivery in 2010 and ...
  • Union preparing lawsuits in aftermath of Danica White
    The Danish union 3F (S'm'ndenes Forbund) is preparing lawsuits against almost everybody involved in the Danica White affair ' The owner ...

The Bunker Bulletinweb site
AUGUST 24, 2007
  • Bunker prices in US trend downward
    Prices ending week lower, turning corner from last month's records.
  • So far so good for Odfjell
    First half results improved on higher rates, lower bunker costs.
  • Neste gains on bunker hedges
    Larger fleet and better rates boost profits.
  • South Korea's refiners add to fuel oil worries
    Analaysts say shortage of product could see prices rise in September.
  • Two more new traders at Dan-Bunkering
  • Bank prospers from 'vibrant demand' for shipping finance
    Nordbank claims 'gratifying success' in providing bunker buyers with hedging stategies.
  • Rotterdam bunker market holds steady
  • Plans for new regional oil storage facility
    South Korea says facility could eventually have capacity for 28 million barrels of oil and oil products.

›››File
FROM THE HOME PAGE
Container traffic at the Port of Los Angeles grew by 19.3% last year
Los Angeles
In the fourth quarter alone the increase was +21.5%
HMM signs agreement with JNPA to collaborate on development of new Indian port at Vadhvan
Seoul
The port will have a container traffic capacity of 23.2 million TEUs
EU customs reform must make trade and business easier
Brussels
23 organizations underline this in a joint statement
Launch in Ancona of the luxury cruise ship Four Seasons I
Trieste
Fincantieri to deliver the unit to Four Seasons Yachts at the end of 2025
Launch event in Brussels of the European Maritime Skills Forum
Brussels
In 2024, the port of Tanger Med handled a record traffic of 10.2 million containers
Anjara
New peaks also in other business segments
South Korea's KSOE wins order to build 12 18,000 TEU containerships
Seoul
HD Hyundai Heavy Industries' turnover increased by +21.1% in 2024
Fire breaks out on the Rospo Mare B oil platform off the coast of Vasto
Rome
There were no injuries or traces of pollution in the sea
Galaxy Leader Sailors Freed
London
Today the 25 crew members left Yemen on board a plane
Contract with Russian company that managed Syrian port of Tartous terminated
Damascus
The agreement included investments of 500 million dollars
Brussels OKs DP World-Arcese Automotive Joint Venture
Brussels
Initially, the activity will be carried out in France and Poland
Royal Caribbean orders sixth Edge-class cruise ship at Chantiers de l'Atlantique
Miami/Saint Nazaire
It will be taken over in 2028
Louis E. Sola is the new chairman of the Federal Maritime Commission
In 2024, ship transits through the Suez Canal decreased by -50%
Ismailia
The total was about 13,200 units compared to over 26,400 in 2023
Uiltrasporti urges to restore measures to support rail freight transport
Rome
Definitive cancellation of the 65 million fund from the Budget Law
The Trump unknown also weighs on the Panama Canal
Washington
While the tycoon dreams of taking it over with weapons in hand, a bill proposes to start negotiations with the Panamanian government
FSG bankruptcy trustees announce interest from multiple investors in shipbuilding group
Rendsburg/Flensburg
These are German companies operating in the same sector
Port of Long Beach closes 2024 with new annual, half-year and quarterly container traffic records
Long Beach
Total freight traffic also reached a new historical peak during the year.
The Biden administration's latest move is to accuse China of seeking dominance in the maritime, logistics and shipbuilding sectors
Washington/Beijing
Harsh reaction from Beijing's Ministry of Commerce and the China Shipyards Association
The AdSP of the Central Tyrrhenian Sea confirms the commitments made towards its employees
Naples
The organization hopes "that a climate of relaxation can be restored"
Uniport, exemption from compulsory insurance for vehicles used in port terminals is a good thing
Rome
Hanoi government authorizes initial investment for new port planned by MSC and VMC
Hanoi
Vietnam Port Development Plan to 2030 Approved
Filt, Fit and Uilt announce a resumption of the strike of the workers of the AdSP of the Central Tyrrhenian Sea
Naples
New protest action scheduled to start on February 3rd
Annual container traffic at PSA port terminals exceeds 100 million TEU for the first time
Singapore
Record in both Singapore and overseas terminals
Confitarma calls for the urgent reinstatement of the rule on simplified recruitment of seafarers
Rome
Sisto: Simplification has proven to be an important step forward for the sector
Sharp drop of -17.1% in freight traffic in the port of Taranto in 2024
Taranto
In the last quarter alone the decline was -3.0%
Container traffic in Hong Kong port decreased by -4.9% in 2024
Hong Kong
In the fourth quarter alone, 3.5 million TEUs were handled (-2.7%)
New NATO mission to strengthen protection of undersea infrastructure in the Baltic Sea
Mons
The use of a small fleet of naval drones is also planned
In 2024, the port terminals of China's CMPort handled a record container traffic
Hong Kong
The total was 146.3 million TEU (+6.4%)
Yang Ming also renews service between Western Mediterranean and US East Coast
Keelung
In Italy stopovers in Salerno, La Spezia, Genoa and Vado Ligure
Twelve associations call for agreeing on measures to improve rail capacity management in the EU
Brussels
Genoa Port Terminal, green light for provisional concession until next June 30
Genoa
The Management Committee of the Western Ligurian Sea Port Authority has unanimously decided this
In 2024, passenger traffic managed in Genoa by Stazioni Marittime decreased by -4.4%
Genoa
Ferries stable and cruises down -9.8%. Cruise activity expected to increase in 2025
CMA CGM to remove Livorno calls from Amerigo service, replacing them with calls at Salerno
Marseille
New configuration in line with that of the Ocean Alliance partners
From April, Ocean Alliance ships will call at seven Italian ports, four of which will be visited only by COSCO/OOCL
Shanghai/Hong Kong/Taipei/Marseille
Salerno will enter and Livorno will exit the new configuration of the containerized maritime services network
Leonidsport (Louis-Dreyfus family) submits offer to acquire 21% of Thessaloniki Port Authority
Athens
The expected investment is up to approximately 57 million euros
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
Rolls-Royce wins record contract for Royal Navy submarine fleet
London
Eight-year, £9bn contract
Transported, the DURC in road transport is used to avoid paying for services
Rome
The rules - the association denounces - are openly violated by the clients
Kombiverkehr restores rail link between Lübeck port and Verona
Frankfurt am Main
Schedule two departures per week in both directions
AD Ports signs deal to build logistics park at Alexandria Port
Cairo
The business will be developed with the Holding Company for Maritime and Land Transport
The Panama Canal is and will continue to be Panamanian
Davos
This was underlined by the president of the Central American nation, José Raúl Mulino
Autamarocchi acquires control of Dissegna Logistics
Trieste
The Rossano Veneto company operates in the intermodal transport sector
Rubboli (Assologistica): Italian ports need more efficient and coordinated governance
Milan
Port of Ravenna, incentives for the purchase of "green" port vehicles
Ravenna
Maximum ceiling of 300,000 euros for each beneficiary
20% of Omani Asyad Shipping Company's capital up for sale
Muscat
Listing on Muscat Stock Exchange expected
Order to Circle for the management of data relating to rail and intermodal traffic of a port
Milan
ANSFISA adopts guidelines for the assessment and risk management of the rail transport of dangerous goods
Rome
Over 217 kilos of cocaine seized in the port of Livorno
Leghorn
They were hidden in a container containing wood from South America
Merlo leaves the presidency of Federlogistica to Davide Falteri
Rome
Logistics - he underlined - is one of the drivers of the national economic system
Germany is studying a network of floating terminals for the import of clean hydrogen
Berlin
Memorandum of understanding signed by SEFE and Höegh Evi
The executive design service for the reclamation of the Molo Italia seabed in La Spezia has been awarded
The Spice
Fratelli Cosulich orders fourth methanol-ready unit
Genoa
It will be built by Taizhou Maple Leaf Shipbuilding
In Spain, a logistics network for rail transport of biofuel to ports is being studied
Madrid
Agreement between Adif and the Exolum Group
MSC Interested in Starting Shipbuilding and Repair Business in India
Gurgaon
Comparison with the naval engineering company Swan Defence And Heavy Industries
Luka Koper has ordered four new rubber-tyred gantry cranes from Konecranes
Coper
They will be the first vehicles powered exclusively by electricity at the Slovenian airport
LNG and bio-LNG bunkering vessel arriving at the port of Genoa
Genoa
It will be able to provide both "ship-to-ship" and "ship-to-truck" services
Last year, cargo traffic in Russian ports decreased by -2.3%
St. Petersburg
The largest volume of cargo, exports, fell by -1.9%
Höegh Autoliners secures two multi-year contracts for car transport
Oslo
Agreements with two car manufacturers with which it has been collaborating for years
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Malta sees record cruise traffic in 2024
Florian
357 ships docked for a total of over 940 thousand passengers
Cavotec to provide electrification systems and technologies for Italian ports
Lugano
Three orders worth a total of seven million euros acquired
Pirate attacks on ships decreased by -3% last year
London
In the last quarter, an increase of +76% was recorded
COSCO Shipping Ports Sets New Annual and Quarterly Container Traffic Records
Hong Kong
In the whole of 2024, 111.9 million TEUs were handled (+5.7%)
Alberto Maestrini (VARD) elected President of SEA Europe
Brussels
The association represents the European shipbuilding industry
Molo Brin areas in Olbia handed over to Quay Royal
Construction of a marina for mega yachts is planned
Port of Singapore Sets New Container and Non-Oil Bulk Records in 2024
Singapore
The Asian port handled a total of 622.7 million tonnes of goods (+5.2%)
The Italian Maritime Academy Technologies has acquired a new technical headquarters
Castel Volturno
Includes a 37-meter, 100-ton command bridge with 1:1 scale operating environments
A huge load of 110 kilograms of cocaine seized in the port of Gioia Tauro
Reggio Calabria
If placed on the market, it could have earned criminal organizations 20 million euros
Unifeeder triples its market share of intra-Mediterranean container services
Dubai
Fincantieri Completes Acquisition of Leonardo's Underwater UAS Business
Trieste
The 287 million euro fixed component of the purchase price was paid today
Wallenius Wilhelmsen to operate ro-ro terminal at Port of Gothenburg
Oslo/Gothenburg
12-year concession contract
The Bulgarian Shipowners' Association has joined the European Community Shipowners' Associations
Brussels
BSA is the twenty-second member of the European Shipowners' Association
Strike by Central Tyrrhenian Sea Port Authority staff suspended
Naples
The meeting between the unions and the general secretary of the port authority was a success
Mercitalia Rail begins rail transport from Reggio Calabria of trains for the Milan Metro
Reggio Calabria
They are approximately 106 metres long and weigh over 180 tonnes.
PSA Venice - Vecon achieves gender equality certification
Genoa
It is the first Italian container terminal to obtain the certification
Maria Teresa Di Matteo, head of the Department for Transport and Navigation, has passed away
Rome/Gioia Tauro
Mattioli: it was an important point of reference for the entire Italian maritime cluster
Green logistics, the Northern Tyrrhenian Sea Port Authority extends the deadline for the tender
Leghorn
It awards non-repayable grants up to a maximum amount of 300,000 euros
Medcenter Container Terminal orders 20 new hybrid struddle carriers from Kalmar
Helsinki
They will be delivered within the first quarter of 2026
The intermodal service connecting the Italian terminal of Melzo with the Dutch one of Moerdijk has started
Melzo
Three weekly circulations operated, which will increase to four from April
COSCO expects to close 2024 with +95% growth in net profit
Shanghai
EBIT expected at 69.9 billion yuan (+90.7%)
Catania-based F.lli Di Martino has acquired 160 new loading units produced by Piedmont-based SICOM
Cherasco
This year the Cherasco company celebrates 50 years since its foundation
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Kuwait approves Chinese company for port operations
(AGBI - Arabian Gulf Business Insight)
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Uiltrasporti Campania accuses the heads of the AdSP of the Central Tyrrhenian Sea of having assumed a provocative and totally closed attitude
Naples
Attempt - the union denounces - to downplay the real reasons for the strike
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
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